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Functional unemployment rises, impacting women, Black workers
Prnewswire·
Functional unemployment saw an increase in February, with women and Black workers experiencing significant setbacks according to the Ludwig Institute. This trend indicates a worsening labor market condition where individuals are employed but not utilizing their full skill sets or working in roles aligned with their qualifications. The report highlights disparities in employment quality, suggesting a need for targeted interventions to address these specific demographic groups and improve overall workforce utilization.
Tags
macro
labor
Original Source
Prnewswire — www.prnewswire.com